NOT LISTED FOR SALE

12266 Jefferson Ave Newport News, VA 23602

Palmer Neighborhood

Estimated Value: $7,958,987

-- Bed
-- Bath
9,728 Sq Ft
$818/Sq Ft Est. Value

About This Home

This home is located at 12266 Jefferson Ave, Newport News, VA 23602 and is currently estimated at $7,958,987, approximately $818 per square foot. 12266 Jefferson Ave is a home located in Newport News City with nearby schools including L.F. Palmer Elementary School, Homer L. Hines Middle School, and Warwick High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2006
Sold by
M P K G Newport News L L
Bought by
Jefferson Vac 12266
Current Estimated Value
$7,958,987

Purchase Details

Closed on
Nov 19, 2003
Sold by
Lucky 7 L L C
Bought by
M P K G Newport News Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,775,000
Interest Rate
6.09%
Mortgage Type
Construction

Purchase Details

Closed on
May 28, 2002
Sold by
L & R Prop
Bought by
Sarantakos Nick
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jefferson Vac 12266 $5,100,000 --
M P K G Newport News Llc $2,000,000 --
Sarantakos Nick $995,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1988 Fitzgerald Family Trust $1,700,000
Previous Owner M P K G Newport News Llc $2,775,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $60,699 $5,144,000 $1,308,000 $3,836,000
2023 $61,773 $5,031,900 $1,308,000 $3,723,900
2022 $60,249 $4,821,100 $1,308,000 $3,513,100
2021 $49,659 $3,874,000 $1,308,000 $2,566,000
2020 $51,465 $4,022,000 $1,308,000 $2,714,000
2019 $51,386 $4,022,000 $1,308,000 $2,714,000
2018 $51,337 $4,022,000 $1,308,000 $2,714,000
2017 $50,000 $3,912,400 $1,213,000 $2,699,400
2016 $48,231 $3,773,000 $1,213,000 $2,560,000
2015 $49,132 $3,854,900 $1,213,000 $2,641,900
2014 $48,072 $4,370,200 $1,054,800 $3,315,400
Source: Public Records

Map

Virginia Newport News County Newport News 23602 Palmer

12266 Jefferson Ave, Newport News, VA

This home is located at 12266 Jefferson Ave, Newport News, VA 23602 and is currently estimated at $7,958,987, approximately $818 per square foot. 12266 Jefferson Ave is a home located in Newport News City with nearby schools including L.F. Palmer Elementary School, Homer L. Hines Middle School, and Warwick High School.

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